IATA call for Attention to Address Infrastructure Crisis to Secure Aviation"™s Future
The International Air Transport Association (IATA) is calling for urgent attention to address infrastructure challenges in order to secure the industry"™s future. «Having the infrastructure to grow is vital to our industry"™s future. But in many key places, it is not being built fast enough to meet growing demand. And there are worrying trends which […]
Corporación America Airports S.A. Announces Pricing of Initial Public Offering
Corporación América Airports S.A. (NYSE: CAAP) ("Corporación América Airport" or the "Company"), a global airport operator, announced today the pricing of its initial public offering of 28,571,429 common shares of the Company at $17.00 per common share. The Company is selling 11,904,762 shares and the selling shareholder is selling 16,666,667 shares. In addition, the underwriters […]
British Airways adds lounge access to more destinations
British Airway"™ customers travelling from Innsbruck, Ibiza and Seville from today will benefit from access to new lounges. The use of the partner* lounges, exclusively for the airline"™s customers travelling in Club Europe and eligible cardholders, is part of the airlines multi-million pound investment to offer access to more lounges across the globe. After customers […]
Ecuador"™s aviation market has shrunk 27% since 2013, reaching a decade low last year; Condor and Spirit Airlines planning to shake things up
Ecuador, home to just under 16.39 million inhabitants, is South America"™s sixth largest aviation market with regards to seat capacity, offering 13.52 million seats in 2017, behind Peru in fifth (39.16 million seats last year) but ahead of Venezuela in seventh (11.08 million). The nation is served by nine airports which offered over 50,000 departing […]
SLC airport set another record for passengers in 2017
Salt Lake City International Airport set another record for passengers last year, logging more than 24 million passengers for the first time. The airport reported Monday that the total number of passengers that passed through it in 2017 was 24,196,816, up by 4.5 percent. The vast majority of those were domestic passengers: 23.29 million, up […]
ALTA/IATA fuel committee
Established in 2005, the ALTA/IATA Fuel Committee works together with local boards of airline representatives (BARs) to identify areas of opportunity to reduce and avoid unjustified costs and charges related to fuel supply in the region. In addition, the fuel committee is reinvigorating its focus on improving the fuel infrastructure in the region by working […]
Alexandre de Juniac: The Need for Reform
"‹We are headed for an infrastructure crisis. Many of the world"™s airports are operating at or beyond their design capacity. The provision of air navigation services in major markets like the United States, Europe and China is struggling to keep pace with the technical capabilities to manage demand at optimum efficiency. And we don"™t see […]
OAG Punctuality League 2018 Reveals Global On-time Performance Results for Airlines and Airports
OAG, the global leader in flight information, has released the results of the OAG Punctuality League 2018, the industry"™s most comprehensive annual ranking of on-time performance (OTP) for the world"™s airlines and airports. The report examines aviation data from January 1, 2017 through December 31, 2017. Among the biggest winners was Delta Air Lines, which […]
International Airlines Group to buy Niki assets
International Airlines Group (IAG) is to buy assets of the Austrian airline NIKI, which was formerly part of the Air Berlin group, for €20 million and provide liquidity to NIKI of up to €16.5 million. The transaction is being made by a newly formed subsidiary of Vueling which will be incorporated as an Austrian company […]
Alexandre de Juniac: The Business of Freedom
"‹Air travel takes on a special character at this time of year. There are noticeably fewer business travelers. And airports and planes are filled with people traveling for leisure. Some are reuniting with families to spend the holidays together after working abroad. Others are returning from studies. Still others are taking the opportunity of the […]